User Name: Password:      Register - Lost password?

2003  2004  2005  2006  2007  2008  2009  2010  2011  2012  2013  2014  2015  2016  2017  2018  2019  2020  
January  February  March  April  May  June  July  August  September  October  November  December  
01 02 03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30

Forex Forum Archive for 06/06/2014

Pick a date from the header above to view forum postings for that day.
Click here to join the Live Forex Forum.


Caribbean! Rafe... 21:35 GMT June 6, 2014
AUDUSD
Reply   
Took the past few hours working on AUD/USD.

AUD/USD megatrend ended in 2011... too tired to calculate the forecast, will work on it over the weekend.

gl gt.

dc CB 20:40 GMT June 6, 2014
The UN YEN



No Fear

GVI Forex john 20:01 GMT June 6, 2014
Chart Points - Free FX Database
Reply   

UPDATED. Global-View Free FX Database. High-Low-Close data for over a dozen currency pairs for well over a decade of data in Excel spreadsheet format.

dc CB 18:29 GMT June 6, 2014
Global Markets News

All the news outlets a touting the "Jobs" recvovery! Back to 2008 Levels of employment...It Finally trickled down...5 years of 0% rates worked...Happy Days are here agains...the sky is clear again....

Good news for the Politcal Machines of both parties. Takes the Hang the Bankers meme out of the fall elections.

dc CB 17:48 GMT June 6, 2014
The UN YEN

While the Fed's presidents are scratching their heads at the quandary that consolidated cross-asset volatility continues to tumble to never before seen levels, the NY Fed's trading desk, clearly rushing to get to the Hamptons, just sold enough VIX futs to push VIX not only 6% lower for the day, but to the lowest print since 2011.
Next up: single digit VIX and the disappearance of all risk.

No More Risk: VIX Plunges Below 11 For The First Time In Years

Livingston nh 16:43 GMT June 6, 2014
The UN YEN
Reply   
hmm, SPX up nearly 30 points from Weds AM low but yen same lvl as Tuesday's close

GVI Forex Blog 16:32 GMT June 6, 2014 Reply   
June 6, 2014 (global-view.com) UPCOMING DATA HIGHLIGHTS for Monday, June 9. Updated: Trading News Events Calendar HIGH IMPACT NEWS RELEASES: CN- Trade, JP- Trade.

GVI Forex Data Outlook for May 9, 2014

GVI Forex john 16:30 GMT June 6, 2014
Calendar -- Daily Forex Data News
Reply   


June 6, 2014 (global-view.com) UPCOMING DATA HIGHLIGHTS for Monday, June 9. Updated: Trading News Events Calendar

HIGH IMPACT NEWS RELEASES: CN- Trade, JP- Trade.

  • Far East: CN- Trade, JP- Trade, GDP.
  • Europe: No Major Data.
  • North America: No Major Data.


GVI Forex Blog 15:58 GMT June 6, 2014
Week Ahead
Reply   
•Markets digest ECB stimulus package

•UK unemployment rate set to drop to 6.7% in April

•US May retail sales to support expectations of Q2 GDP rebound

ECONOMIC DATA ANALYSIS - UK UNEMPLOYMENT RATE TO POST A FURTHER DECLINE

Paris ib 15:53 GMT June 6, 2014
Global Markets News

Dillon AL :-)

Dillon AL 15:48 GMT June 6, 2014
Global Markets News

statistics and damn lies. During the last 6 yrs the us adult population has grown by aroundf 10 million meaning that we are nowhere near recovered in terms of jobs

Livingston nh 15:44 GMT June 6, 2014
Global Markets News

"Full Time" jobs still short of the pre-recession lvl -- US needs to consider (as healthcare industry has to some extent) a 3 day 10 hr wrk wk -- Saturday is now a govvie off day which should be corrected // school year needs to be a FULL year too

GVI Forex Blog 15:38 GMT June 6, 2014
Global Markets News
Reply   
Five years into the US economic recovery, total payrolls have finally passed their pre-recession 2008 highs. All in all, the US economy lost 8.7 million jobs during the Great Recession and today total employment is about 98K jobs above the prior high, at around 138.46 million

TradeTheNews.com US Market Update: US Employment Levels Pass 2008 Pre-Recession Highs

london red 15:35 GMT June 6, 2014
Agree or Disagree? EURUSD

30 continues to offer good support. i suspect a chunk is down to short covering. for me the near term range is 30 up to the 200 day.

GVI Forex Jay Meisler 15:10 GMT June 6, 2014
Agree or Disagree? EURUSD

This pattern is one of my favorite and when broken it more often than not leads to a directional move. In this case I have an open mind but would need confirmation before turning bullish. Otherwise it is a 1.35-1.37 range.

Paris ib 15:09 GMT June 6, 2014
Risk On/Off Heat Map

John we're not in Kansas any more. :-)

jkt abel 15:03 GMT June 6, 2014
Agree or Disagree? EURUSD

disagree Jay, above 1.36 close is bullish IMO for next week

GVI Forex john 14:53 GMT June 6, 2014
Risk On/Off Heat Map

The "rules" are gone.

When equities rise bond yields are supposed to rise.

Risk on/risk off trades not working very well.

Amman wfakhoury 14:52 GMT June 6, 2014
EURUSD 80pips move

See you again next friday.

SaaR KaL 14:52 GMT June 6, 2014
Day's Trades

P.I close
For Cable 1.6951 1.6768
gold 1,273.63 1,243.54
GBPJPY 172.9091 171.3473



Amman wfakhoury 14:50 GMT June 6, 2014
EURUSD 80pips move
Reply   
Amman wfakhoury 10:03 GMT 06/06/2014
13608 confirem and any rise above 13531 will return to it iso 13653.
_______________________________________
Returned to 13631 after it rose till 13675.
The close of 1 hr bar below 13631 will take us to 13580 area.

london red 14:50 GMT June 6, 2014
Agree or Disagree? EURUSD

moving towards the end of the hour, normally a bit of action particularly on a friday afternoon. thru 36 or 30 decides this possies fate.

GVI Forex john 14:46 GMT June 6, 2014
Risk On/Off Heat Map

10-yr 2.563%

GVI Forex Jay Meisler 14:44 GMT June 6, 2014
Agree or Disagree? EURUSD

EURUSD has closed within 1.3595-1.3654 for 11 days in a row, within 1.3595-1.3685 for 12 days and 1.3595-1.3698 for 13 days.

Break of 7 day pattern where 1.36 has traded is typically bullish but close within the existing range and below 1.3654 (also 1.3655-58 = 200/20 day mvas) neutralizes to an extent.

Last close above the 20 day mva was on May 7

SaaR KaL 14:39 GMT June 6, 2014
Day's Trades
Reply   
5 Minutes data
Gives
this for EURUSD
1.3797 1.3624

1.3828 1.3591

Might Head north more
I am Flat now

london red 14:27 GMT June 6, 2014
Agree or Disagree? EURUSD

stop now a point in my favour. looking for under 30. if not will close.

london red 14:24 GMT June 6, 2014
Agree or Disagree? EURUSD

sold at 40, stop at 57. below 36 gives another attempt at last hour low. if get thru there will lower stop to evens

london red 14:18 GMT June 6, 2014
Agree or Disagree? EURUSD

not sure about dnt at 137 (heard 138/135) but a few bn worth expiries going out at 136-13650 during next week

london red 14:06 GMT June 6, 2014
Agree or Disagree? EURUSD

if going lower you want to be in it before those lines are taken Jay. lot of support there so should move to 136/13585. lot of large expiries at 136 next week hampering upside but equally plenty short so can see under 13585 without a good bounce from there first.

Livingston nh 14:06 GMT June 6, 2014
Agree or Disagree? EURUSD

Are EUR options going out anywhere today -- would think 1.36 strike is gravity or 1.37 dnt ?? //declining 21 dma @1.3663

GVI Forex Jay Meisler 14:01 GMT June 6, 2014
Agree or Disagree? EURUSD

100 and 200 hour mva still converging in a near flat line around 1.3617

london red 14:00 GMT June 6, 2014
Agree or Disagree? EURUSD

lower hourly low closing below prev low but not yet low of day. fresh hour gives us op for even 200 day again and still down. so selling 45/50 for thru 20 my plan.

london red 13:40 GMT June 6, 2014
Agree or Disagree? EURUSD

eurusd stopped 45. 30 support, with hourly low just below that. then the 10 day. below 3620 then selling increases again.

Oanda Reviews 13:36 GMT June 6, 2014 Reply   

A Broker Review for Oanda has just been added.

london red 13:24 GMT June 6, 2014
Agree or Disagree? EURUSD

fwiw if eurusd has reversed this week only can assume eurgbp is going to test 8155/67 (last weeks high a little below there) and possibly break it depending on eurusd performance. gbp has solid fundamentals so sales at 8190-8250 make sense if seen.

Oanda Reviews 13:11 GMT June 6, 2014 Reply   

A Broker Review for Oanda has just been added.

london red 13:06 GMT June 6, 2014
Agree or Disagree? EURUSD

we should try one more time for fib. it may get to 74 and break or it may fall short somewhere at 65/70. will be looking at triple top shs if so, so if cannot go up this third time ill look for under 200 day down to 10 day.

london red 13:04 GMT June 6, 2014
Agree or Disagree? EURUSD

long 55 stop 45

london red 12:58 GMT June 6, 2014
Agree or Disagree? EURUSD

covered 66. lets try one more time at 74 and if fails then its down. it up to 75/76 surely must go up.

makassar alimin 12:57 GMT June 6, 2014
buy euro
Reply   
closed my long euro at 1.3670 for some nice friday scalping pips, see you all next week

london red 12:55 GMT June 6, 2014
Agree or Disagree? EURUSD

NY im neither bull nor bear, price action dictates my view. not good enough to call it long term. short term more often right than wrong and that enough for me.

jkt abel 12:54 GMT June 6, 2014
May 2014 U.S. Employment

boring friday it seems, it is all premeditated

london red 12:53 GMT June 6, 2014
Agree or Disagree? EURUSD

struggling this is something new at res for first time since break above 13573 yesterday. short term high in sold 73 stop above 80

GVI Forex john 12:51 GMT June 6, 2014
May 2014 U.S. Employment

Look at the U.S. employment chat. The pace of jobs GROWTH is dead flat and has been for almost four years.

Livingston nh 12:51 GMT June 6, 2014
NFP

Plug factor 205k -- goldilocks in line -- STOX futures higher but USD/JPY offsides again like yesterday -- FI yields drop

london red 12:50 GMT June 6, 2014
Agree or Disagree? EURUSD

74 seen if doesnt go within a minute its back down

Paris ib 12:46 GMT June 6, 2014
Agree or Disagree? EURUSD

We're going to end up with an entirely ECB driven market. Top last ECB meeting. Low this ECB meeting.

NY JM 12:45 GMT June 6, 2014
Agree or Disagree? EURUSD

Red, I see you flipped to the bull side.

Looking at charts, anyone who sold over the past 2 weeks, which is half the time being ECB meetings, is underwater.

All depends now whether stops build above the market.

jkt abel 12:45 GMT June 6, 2014
buy euro
Reply   
invisible hand is bali sja,supporting euro and. got the exact bottom range :)
bye usd?

GVI Forex john 12:45 GMT June 6, 2014
May 2014 Canada Employment

Canada jobs data in line.

Oanda Reviews 12:43 GMT June 6, 2014 Reply   

A Broker Review for Oanda has just been added.

london red 12:40 GMT June 6, 2014
Agree or Disagree? EURUSD

NY, inclined to think it will go as all May everyone was selling with almost no bounce to speak of. now theyve got it and not everyone can get out through a small door at the same time. think can buy 200 day with stop under 20 or so.

GVI Forex john 12:40 GMT June 6, 2014
May 2014 U.S. Employment

Monthly jobs U.S.
Employment data as estimated.





Click on chart for more than 10-yr history





Direct links to primary data sources

NY JM 12:38 GMT June 6, 2014
Agree or Disagree? EURUSD

Still facing an invisible hand at 1.3670?

london red 12:37 GMT June 6, 2014
May 2014 U.S. Employment

covered long but didnt manage to get short at 74 fib. thats the one to watch on top side now. plenty of shorts still wait to cover, you could see how shallow the dip was after the data, after it stalled plenty of buying shot it up. but if we dont do 74 we go down to 200 day.

Paris ib 12:35 GMT June 6, 2014
May 2014 U.S. Employment

No joy for the USD - fading against both JPY and EUR.

Sanibel Is. Fl Sir Ignore 12:35 GMT June 6, 2014
Agree or Disagree? EURUSD

out 3659 short totally 3629..

gl gt.

grouper charts next

GVI Forex john 12:34 GMT June 6, 2014
May 2014 Canada Employment
Reply   




ALERT

Jobs: +25.8 vs. +21.30K exp. vs. -28.90K prev.
Rate: 7.00% vs. 6.90% exp. vs. 6.90% prev.


RELEASE: StatCan Monthy Employment Report



TTN: Live News Special Offer


Direct links to primary data sources

GVI Forex john 12:31 GMT June 6, 2014
May 2014 U.S. Employment

Dead on estimates.

GVI Forex john 12:30 GMT June 6, 2014
May 2014 U.S. Employment
Reply   



ALERT
NFP Jobs: +217K vs. +219K exp. vs. +288K (r 282K) prev.
Rate: 6.30% vs. 6.40% exp. vs. 6.30% prev.


BLS: Employment Situation Summary


TTN: Live News Special Offer


Direct links to primary data sources

jkt abel 12:17 GMT June 6, 2014
Agree or Disagree? EURUSD

talking about rate hiking, it will be UK first

GVI Forex john 12:08 GMT June 6, 2014
Agree or Disagree? EURUSD

Something else to watch for. Data seems to leak more than ever these days. Keep an eye on gold and silver. We have seen moves in these markets first recently/

GVI Forex Jay Meisler 11:50 GMT June 6, 2014
Agree or Disagree? EURUSD

Reposting:


Video Market Update

Will EURUSD 8 day pattern around 1.36 be broken? How much risk on the upside?

GVI Forex john 11:46 GMT June 6, 2014
Agree or Disagree? EURUSD

Can we assume that "Jay's" invisible hand will be there today if the EURUSD somehow rallies on the data, and if so is there an obvious level to expect to see them?

london red 11:40 GMT June 6, 2014
Agree or Disagree? EURUSD

Taken some of the table here at 47 ahead of nfp. Looking to go in short usd with tight stop.
NY 13476 13993

GVI Forex Jay Meisler 11:28 GMT June 6, 2014
Agree or Disagree? EURUSD

This is not your father's FX market - in the old days the EUR would have gotten smashed by the ECB easing.

One source of EUR strength until Draghi deflated the balloon last month were inflows into the peripheral countries. We are seeing strength in those markets since the ECB meeting, suggests one source of support for the EUR.

Livingston nh 11:18 GMT June 6, 2014
NFP

May is the last month for outsize positive PLUG factor (~ 200k?) -- even tho Fed has shifted its gaze from the unemployment rate a sub 6% print would get some attention in BONDland -- But how fast do all those NEW college graduates jump into the employment pool? (May- June distortion) // 240k jobs and 6.1% rate

Livingston nh 11:09 GMT June 6, 2014
Agree or Disagree? EURUSD

Draghi set the interest rate battle line as fixed for 4 yrs so now the rate expectations pressure w/i non EUR EU and other economies will begin to dominate -- who hikes first ??

GVI Forex john 11:07 GMT June 6, 2014
Chart Points -- Trading Points
Reply   
Daily USD based Pivot Points. Basis previous session ranges...





jkt abel 10:58 GMT June 6, 2014
Agree or Disagree? EURUSD

1.5 hours to oblivion for usd ;)

NY JM 10:44 GMT June 6, 2014
Agree or Disagree? EURUSD

Red, this does not calculate to 1.3674

61.8 of jan to may 135/140 is 13674

london red 10:34 GMT June 6, 2014
Agree or Disagree? EURUSD

61.8 of jan to may 135/140 is 13674 with 144 ema is couple of pips below. Above there is 50% at 13737. As said before former needs to be taken or risk to 13586.

GVI Forex Blog 10:28 GMT June 6, 2014
Global Markets News
Reply   
FX price action was both lethargic and featureless ahead of the key US payroll report for May. The EUR/USD managed to hold above the Jan lows despite the ECB rate cut and its combination of measures to address deflation concerns and revive lending activity.

TradeTheNews.com EU Market Update: Global markets welcome ECB stimulus measures and sends peripheral euro zone bond yields to fresh record lows

GVI Forex Jay Meisler 10:23 GMT June 6, 2014
Agree or Disagree? EURUSD

I was told years ago that key reversal days do not always work in fx so I take notice of it but do not follow it with blind faith.

All I am saying is put price action in perspective and levels that would need to be taken out to force a further retracement.

For me, there are two scenarios for the EURUSD, bear or range. I have a hard time seeing a sustained uptrend.

Otherwise, look across-the-board and USD is generally weak, which is really odd ahead of a US jobs report. USD selling is partly explained by EUR giving back some cross gains from yesterday.

I think 1.3650 is an important level for the bull side, 1.36 for the bear side.

jkt abel 10:18 GMT June 6, 2014
Agree or Disagree? EURUSD

Jay, key day reversal with long tail as well

GVI Forex Jay Meisler 10:12 GMT June 6, 2014
Agree or Disagree? EURUSD

For the EURUSD bulls (and there seem to be many), you need to put the price action in perspective:

1) 1.3691 = 38.2% of 1.3996-1.3503 so it has not even retraced 38.2% of the move

2) Bounced off 1.3670, which was a 2 week high

3) Current pattern is 1.36 has traded 7 days in a row so needs to stay above it to support a bull case

4) Trading ahead of NFP roulette is like rolling the dice in Las Vegas

5) 20 day mva = 1.3658 and 200 day mva = 1.3655 so close vs. these levels are important

6) ECB does not want a stronger EUR

7) On the other side, market got caught badly yesterday so probably bids lying in wait at lower levels by those caught short.

Amman wfakhoury 10:03 GMT June 6, 2014
EURUSD 80 pips move

13608 confirem and any rise above 13531 will return to it iso 13653.

SaaR KaL 10:02 GMT June 6, 2014
Day's Trades

NZDUSD
0.8522 0.8363
0.8599 0.8288

adding shorts

Perth WTR 10:01 GMT June 6, 2014
buy euro
Reply   
tried long as well at the pivot 1.3622, stop below 1.3580

manila tom 09:51 GMT June 6, 2014
Agree or Disagree? EURUSD

hi guys, getting ready..
1st long now 1.3628, add later if seen
3 portions before setting stop

Sanibel Is. Fl Sir Ignore 09:45 GMT June 6, 2014
Agree or Disagree? EURUSD

yes sharks are interesting.
banked 1/2 on 3659 SHORT at 3629
Stop BE…

this trade had no fans last night…

Amman wfakhoury 09:39 GMT June 6, 2014
EURUSD 80 pips move

80 pips move from 13653 = 13580 area
any rise above 13653 will return to it
13608 confirmed
______________________
That translated into sell tp 13580 area add sell if rise above 13653.

jkt abel 09:26 GMT June 6, 2014
T LTRO -BNP Paribas

PAR, LOL crooks help each other, can't complain

SaaR KaL 09:26 GMT June 6, 2014
Day's Trades

GBPNZD

2.0023 1.9778
2.0138 1.9664

a good Buy

PAR 09:24 GMT June 6, 2014
T LTRO -BNP Paribas
Reply   
BNP Paribas can use the new ECB TLTRO facility to finance it US fines ; Thank you Draghi .

SaaR KaL 09:22 GMT June 6, 2014
Day's Trades
Reply   
Want to
Long EURUSD
1.36882 1.35700
1.37424 1.35141


cable

1.68974 1.66999
1.69929 1.66051


EURJPY
141.15735 139.32605
142.01654 138.45369

USDJPY ***
103.46087 102.31430

104.01023 101.76412

singapore td 09:18 GMT June 6, 2014
eurusd

well done comrades, i agree with makassar alimin re buying at daily pivot, can certainly try it
stop below R1 will do today

Perth WTR 09:14 GMT June 6, 2014
eurusd

4hr chart has hook formation, looks like day's bottom is in, i must concur so far with long side

bali sja 09:10 GMT June 6, 2014
eurusd

red, it has happened before
all formidable resistances will be like hot butter later, mark my words

london red 09:10 GMT June 6, 2014
eurusd

bunch of averages around 13610-20 unlikely to be broken ahead of nfp. if looking for a long entry ahead of data, think you can do worse.

london red 09:08 GMT June 6, 2014
eurusd

13670/75 is formibable resistance. it will decide whether we trade 138 or back to support a little under 136.
weekly claims have been firm for may, but other data suggest +225k is at risk to downside.

bali sja 09:01 GMT June 6, 2014
eurusd

wfak's 80 range, means viies' stop will be save and if 30 was the low then 3710-20 must be the 80 range high, all good

bali sja 08:54 GMT June 6, 2014
eurusd

wise decision viies to abandon the loser's side
welcome to invisible hand side

Tallinn viies 08:51 GMT June 6, 2014
eurusd
Reply   
covered short euro at 1,3634 and turned long.
stop at 1,3584. target 1,3720

Perth WTR 08:48 GMT June 6, 2014
Morning Levels

syd sf, 1.3610 looks good for me
1.3610-1.3690 is 80 pips --> Wfak's confirmed range
thus, NFP must be disappointing ;)

GVI Forex Blog 08:45 GMT June 6, 2014
May U.S. and Canada Jobs Data. Markets Still Digesting ECB
Reply   


The street view on May U.S. employment data are for a gain on the order of 220K in the month. ADP private employment data Wednesday were weaker than forecast. The problem is the ADP report is not a reliable predictor of NFP. Other data from the U.S. are pointing to a strong report.

May U.S. and Canada Jobs Data Markets Still Digesting ECB

makassar alimin 08:34 GMT June 6, 2014
buy euro

tried long euro 1.3630 as well ahead of daily pivot, will see how this scalp plays out before NFP

syd sf 08:33 GMT June 6, 2014
Morning Levels

update.

eur range bots t/p at 15/17 lowered their stops to 63

eurcad range bot t/p @80 from 30 sell earlier

gbp ntg as yet as hasn't moved so much.

couple of trailing breakout t/p triggered as well.

seems 1.3610/15 support and then NFP to 1.3690 if it is no good.

GVI Forex john 08:33 GMT June 6, 2014
April 2014 U.K. Trade GBP (bn)
Reply   




-- NEWS ALERT --

Total Trade: -8.90 vs. -8.650 exp. vs. -8.480 (-8.30) prev.
non-EU: -3.80 vs. -3.150 exp. vs. -3.190 (-3.40) prev.


TTN: Live News Special Offer


Direct links to primary data sources

Amman wfakhoury 08:31 GMT June 6, 2014
EURUSD 80 pips move

13631 reached..13608 confirmed any rise above 13653 will return to it.

kl fs 08:30 GMT June 6, 2014
buy euro

shawn, follow you went in 1.3630

kl shawn 08:29 GMT June 6, 2014
buy euro
Reply   
bought 1st lot today 1.3633, buy more at better levels

GVI Forex john 08:23 GMT June 6, 2014
May 2014 Swiss CPI
Reply   






--EARLIER DATA NEWS--
mm: +0.30% vs. +0.20% exp. vs. +0.10% prev.
yy: +0.20% vs. +0.10% exp. vs. 0.00% prev.


TTN: Live News Special Offer


Direct links to primary data sources

bali sja 08:18 GMT June 6, 2014
NFP friday
Reply   
i think this is going to be another boring friday, NFP is always a joke, whatever the number is

GVI Forex john 08:11 GMT June 6, 2014
Risk On/Off Heat Map
Reply   


  • Yields in prime fixed income markets are starting  to diverge with German and French yields falling in the wake of the ECB yesterday while recent increases in U.K. and U.S. yields are holding.  Yields on bonds on the periphery of the Eurozone are sharply lower again as the ECB is specifically targeted those economies for growth.
  • Equities closed mixed to lower in the Far East earlier.  European bourses are mixed. U.S. equities are slightly higher in futures trading.
  • The U.S.10-yr is 2.58%,  0bp.

    The heat map color scheme of interest rates reflects yields. This aligns all the colors in the chart to reflect risk-on (green) and risk-off(red).

Hk [email protected] 07:19 GMT June 6, 2014
NFP



The US can manipulate the Stock. Mkt, the gold, bonds...

Can print money, print gold, and vanish German gold and print jobs too.

All is tilted lies. Must wait for the doctored numbers.

Until then avoid risks::))

Amman wfakhoury 07:17 GMT June 6, 2014
EURUSD 80 pips move
Reply   
EURUSD is ready to move 80 pips mostly into down unless it breaks 13670 and keeps above it.
No confirmed level yet but 13631 possible to reach.


The only one in the world who confirms the next level


jkt abel 06:56 GMT June 6, 2014
NFP

explain please? the Russians and China are not scared at all though

dc CB 06:52 GMT June 6, 2014
NFP

the military hog is what blows us all up

that's the scarey bit

kl shawn 06:50 GMT June 6, 2014
NFP

hats off to bali sja
the invisible hand holding euro with crystal ball ;)

jkt abel 06:48 GMT June 6, 2014
NFP

the military hog is what crumbles the currency IMO

dc CB 06:44 GMT June 6, 2014
NFP

so who's got the military might to defend the currency?

kl: Kuala Lumpur
jkt: Jakarta

jus sayin'

this is Rome 2014

got the army...try it

that's about it

jkt abel 06:41 GMT June 6, 2014
NFP

yup, NFP must have been leaked, looks like below 200k ;)

kl fs 06:39 GMT June 6, 2014
NFP

oh sorry, i am not used to that kind of linguistic style
from 4hr chart euro, all i see for usd is that has all green light to go down and euro up

jkt abel 06:36 GMT June 6, 2014
NFP

lol fs, dc CB must be sarcastic, we all know the value of usd these days

kl fs 06:26 GMT June 6, 2014
NFP

dc CB...what do you mean?
you mean stocks? yes, the only thing they can propel up artificially is stocks, but usd? toilet paper....

dc CB 06:22 GMT June 6, 2014
NFP

PAR

there will not be a Crash.

It is not allowed

get wth the program and make Money

No down

Only UP

kl fs 06:17 GMT June 6, 2014
NFP

PAR, how do you know? but i think it is very hard to print above 300k anyway, so verdict is there already today

Perth WTR 06:14 GMT June 6, 2014
NFP

LOL i like that PAR!
this is a market on drugs eh, you gotta increase the dose everytime to avoid disappointment, but until when?

PAR 06:11 GMT June 6, 2014
NFP
Reply   
Anything below 300.000 will crash the US dollar .

Caribbean! Rafe... 05:38 GMT June 6, 2014
Agree or Disagree? EURUSD

Look for a level to short. i.e. LT

Perth WTR 05:35 GMT June 6, 2014
Agree or Disagree? EURUSD

Rafe, buy euro now for your 1.47?

Caribbean! Rafe... 05:32 GMT June 6, 2014
Agree or Disagree? EURUSD

I love sharks.

A friend of mine had a bad experience with sharks once.

GVI Forex Blog 05:06 GMT June 6, 2014 Reply   
(AU) AUSTRALIA MAY AIG PERFORMANCE OF CONSTRUCTION INDEX: 46.7 V 45.9 PRIOR (5th consecutive contraction) - (NZ) NEW ZEALAND MAY QV HOUSE PRICES Y/Y: 8.2% V 8.4% PRIOR (10-month low) - (JP) JAPAN MAY

TradeTheNews.com Asian Market Update: World Bank remains upbeat on China; Japan looks to push forward GPIF reform - Source TradeTheNews.com

Perth WTR 04:43 GMT June 6, 2014
euro

tom, looking at my chart plus the extent of yesterday's move, i think it is hard to even go below 1.36 for weekly closing, upside is more favourable, so yes buy is preferred, could be wrong but i need to see it on 4 hour chart first, right now it is neutral-bullish short term

manila tom 03:58 GMT June 6, 2014
euro

market is dead until NFP, better go doing something else, see you guys

manila tom 03:28 GMT June 6, 2014
euro
Reply   
looking for dips to build long later apart from existing short usd positions

manila tom 03:25 GMT June 6, 2014
sell usdcad
Reply   
sold 1.0921, stop 1.0957, target 1.0880

dc CB 02:36 GMT June 6, 2014
Goldman Sachs Asks for Bailout...we're first in line
Reply   
Investment banks typically hold tens of billions of dollars of Treasury bonds on their balance sheets, enormous positions that can create trading profits if the prices of the bonds rise. But this year, the banks slashed those holdings, so much so that they actually had a negative position in government bonds in March, according to data from the Federal Reserve Bank of New York. The banks and their clients apparently grew so bearish about the price of Treasuries that they wanted no part of them.

But it was the wrong trade.

Bond Rally Is Squeezing the Trading at Big Banks

dc CB 02:16 GMT June 6, 2014
Cartoon Logic



better done by williambanzai7

Art for the Demise

Hong Kong AceTrader 02:14 GMT June 6, 2014
AceTrader Jun 6: Daily Market Outlook on EUR/USD
Reply   

Daily Market Outlook on EUR/USD - 1.3659

Update Time: 06 Jun 2014 01:01GMT

Despite Thursday's sell off to a near 4-month trough of 1.3503 after ECB's bold stimulus measures, intra-day swift rally due to active short-covering and subsequent strong gain above 1.3650 res to 1.3670 confirms euro's decline from May's near 2-1/2 year peak at 1.3995 has formed a temporary low there and several days of choppy consolidation with upside bias is envisaged.

As long as 1.3586 (previous sup) holds, further gain to 1.3690/00 is expected later today, however, near term overbought condition should cap euro's upside below res at 1.3734 today.

dc CB 02:03 GMT June 6, 2014
Cartoon Logic
Reply   
(see Hillary become the The First Woman Pres) from yeaterday's Paris ib exchange.

via ZH:

For everyone (and on this site we hope this is everyone) who has read Hayek's Road to Serfdom before, feel free to "reread" it for the cartoons. For everyone else: read it now. Feel free to stop when it becomes familiar. Courtesy of mises.org

The Road To Serfdom, In Cartoons

dc CB 01:48 GMT June 6, 2014
Agree or Disagree? EURUSD

yes, forgot to add jkt abel to the top ...it was to add to his thought.

Mtl JP 01:34 GMT June 6, 2014
Agree or Disagree? EURUSD

dc CB.. check out jkt abel 00:22 post ?

dc CB 01:25 GMT June 6, 2014
Agree or Disagree? EURUSD



no one semed to notice, (posted this earlier from ZH), but besides the Draggii Press the ECB also put out its Forecast, and as you can see from the chart it UPPED Euro to 138 thru 2016.

so trade on the Dragsters BS or Trade on the ECBs forecast.

What's Wrong With This ECB Forecast

Brock Thor 01:01 GMT June 6, 2014
GBP/JPY long ?
Reply   
From a couple days ago.
Still long this pair.
Three compounded trades
at different entries but up + 51, 35, 14 pips so far.

A EUR/Usd down 67 pips.
Gonna wait to see in this sell trade works out .
Tomorrow make decision.
IMO...NFP should be a plus -seasonal jobs theory- I'll stay away from that.
Them maybe compound more to Gbp/jpy.

GVI Forex 00:53 GMT June 6, 2014
Forex News

Analysts polled by Reuters expect U.S. employers probably added 218,000 jobs in May, a step down from April's 288,000 job gain. But estimates are even wider than usual, ranging from 110,000 all the way to 325,000....RTRS

GVI Forex Blog 00:47 GMT June 6, 2014
Forex News
Reply   
* Euro back above $1.3600 after volatile session

* ECB cuts deposit rate to -0.10 pct, refi rate to 0.15 pct

* U.S. non-farm payrolls next event risk

FOREX-Euro firm as bears whipsawed by ECB action, USD eyes jobs

syd sf 00:35 GMT June 6, 2014
Agree or Disagree? EURUSD

obviously there are a few sellers now because this is the best price they have had to sell for a while

but I don't think that will interfere with a move up to 90/95

before the risk/reward gets better for the sell side of the market and more of the day trading stops get cleared... taking away some of the demand.

I fail to see how the eurusd is now the "premier" currency to own... looking forward.

kl fs 00:31 GMT June 6, 2014
Agree or Disagree? EURUSD

agree abel, rather wishful thinking to think that NFP will bring it down to low 1.35, i am in the camp that euro will go higher

jkt abel 00:22 GMT June 6, 2014
Agree or Disagree? EURUSD

as Jay mentioned, close above 1.3640 was key reversal day, it was a big one too with long tail, very significant reversal day IMO, would be stupid to sell euro

jkt abel 00:17 GMT June 6, 2014
What's this about Deflation?

yes dc CB, this deflation theme is BS, it is nothing more than a play to get cheaper credits by the crooks to run their businesses, for the rest well you are slaved before you even realize it, rich gets richer baby, capitalism at its best, next you hear it hyperinflation

jkt abel 00:09 GMT June 6, 2014
Morning Levels

thanks sf, agree completely re. initial weakness to be bought for squeeze higher later, can play this with closed eyes, easy :) or in your case your bots :)

syd sf 00:05 GMT June 6, 2014
Morning Levels
Reply   
Looking at what the Bots are trading this morning

eurusd - 55-65 till 10 am syd
gbpusd - 08-20 till 10 am syd

eur range bots selling @63 with stops at 79 93 and 10
gbp range bots selling at @15 stops at 37 47 and 65

breakout bots long with trailing stops at 1.3615 and 1.6770 - targets unknown at this point depends on whether the market flattens or rises.

eurcad range bots selling @30 stops at 55
breakout are long with trails at 1.4898

basically looks to me some initial weakness - then a squeeze higher .. obv. care is needed with NFP and how much movement we actually get in asia.

jkt abel 00:03 GMT June 6, 2014
Agree or Disagree? EURUSD

well after what happened yesterday, i think most reasonable play today is buy dips euro
i think golden chance to reload long with 1.35 handle was yesterday, i dont expect it to be seen again today
how about 1.3610-20 to 1.3740 range today

 




Actionable trading levels delivered LIVE to YOUR charts

GVI Trading. Potential Price Risk Scale
AA: Major, A: High, B: Medium

Mon 27 May 2019
AAGB/US- Holiday
Tue 28 May 2019
A 14:00 US- Consumer Confidence
C 13:00 US- Case-Shiller
Wed 29 May 2019
A 08:55 DE- Employment
AA 18:00 US- BOC Decision
A 18:30 US- EIA Crude
Thu 30 Mar 2019
AAEZ/CH- Holiday
A 12:30 US- Weekly Jobless
Fri 31 Mar 2019
AA 10:00 EZ- Flash HICP
A 12:30 US- Personal Income, Spending, Deflator
AA 14:00 US- Final Univ of Michigan


Global-View Affiliate Program

We are starting an affiliate program to market some of our products.

Send me an email if you would be interested or if you know someone who would like to be an affiliate. Generous commissions payout for those accepted.

Put the word "affiliate" in the email subject line.

Contact us

Start trading with forex broker Markets Cube




pic

Retail Forex Brokerage Changing!

Are you looking for your first broker or do you need of a new one? There are more critical things to consider than you might have thought.

We were trading long before there were online brokers. Global-View has been directly involved with the industry since its infancy. We've seen everything and are up-to-data with recent regulatory changes.

Our Best Brokers listing section includes:Forex Broker Reviews, Forex Broker Directory, Forex Broker Comparisons and advice on How to Choose a Forex Broker

If would like guidance, advice, or have any concerns at all ASK US. We are here to help you.

SEE Our Best Brokers List

Currency Trading Tools

  • Live rates, currency news, fx charts. 

  • Research reports and currency forecasts.

  • Foreign Exchange database and history.

  • Weekly economic calendar.

Directory of  Forex trading tools

 
Terms of Use    Disclaimer    Privacy Policy    Contact    Site Map


Forex Forum
Forex Trading Forum
Forex Forum + forex rates
Forex Forum Archives
Forex Forum RSS
Free Registration

Trading Forums
Currency Forum Guide
Forum Directory
Open Forum
Futures Forum
Political Forum
Forex Brokers
Compare Forex Brokers
Forex Broker News
Forex Broker Hotline

Online Forex Trading
Forex Trading Tools
Currency Trading Tools
Forex Database
FX Chart Points
Risk/Carry Trade Chart Points
Economic Calendar
Quicklinks to Economic Data
Currency Futures Swaps
Fibonacci Calculator
Currency Futures Calculator

Forex Education
Forex Learning Center
FX Trading Basics Course
Forex Trading Course
Forex Trading Handbook

Forex Analysis
Forex Forecasts
Interest Rate Forecasts
Central Bank Forecasts

FX Charts and Quotes
Live FX Rates
Live Global Market Quotes
Live Forex Charts
US Dollar Index Chart
Global Chart Gallery
Daily Market Tracker
Forex News
Forex Blog
Forex News
Forex Blog Archives
Forex News RSS
Forex Services
Forex Products
GVI Forex
Free Trials
FX Bookstore
Managed Forex Accounts
FX Jobs and Careers
Jobs USA
Jobs UK
Jobs Canada

Forex Forum

The Global-View Forex Forum is the hub for currency trading on the web. Founded in 1996, it was the original forex forum and is still the place where forex traders around the globe come 24/7 looking for currency trading ideas, breaking forex news, fx trading rumors, fx flows and more. This is where you can find a full suite of forex trading tools, including a complete fx database, forex chart points, live currency rates, and live fx charts. In addition, there is a forex brokers directory where you can compare forex brokers. There is also a forex brokers hotline where you can ask for help choosing a forex broker that meets your individual fx trading needs. Interact on the same venue to discuss forex trading.

Forex News

The forex forum is where traders come to discuss the forex market. It is one of the few places where forex traders of all levels of experience, from novice to professionals, interact on the same venue to discuss forex trading. There is also the GVI Forex, which is a private subscription service where professional and experienced currency traders meet in a private forex forum. it is like a virtual forex trading room. This is open to forex traders of all levels of experience to view but only experienced currency tradingprofessionals can post.

Currency Trading

Currency trading charts are updated daily using the forex trading ranges posted in the Global-View forex database. You will also find technical indicators on the fx trading charts, e.g. moving averages for currencies such as the EURUSD. This is another forex trading tool provided by Global-View.com.

Forex Brokers

The forex database can be used to access high, low, close daily forex ranges for key currency pairs, such as the EURUSD, USDJPY, USDCHF, GBPUSD, USDCAD, AUD, NZD and major crosses, including EURJPY, EURGBP, EURCHF, GBPJPY, GBPCHF and CHFJPY. Data for these currency trading pairs dating back to January 1, 1999 can be downloaded to an Excel spreadsheet.

Forex Trading

Forex chart points are in a currency trading table that includes; latest fx tradinghigh-low-close range, Bollinger Bands, Fibonacci retracement levels, daily forex pivot points support and resistance levels, average daily forex range, MACD for the different currency trading pairs. You can look on the forex forum for updates when one of the fx trading tools is updated.

FX Trading

Global-View also offers a full fx trading chart gallery that includes fx pairs, such as the EURUSD, commodities, stocks and bonds. In a fx trading world where markets are integrated, the chart gallery is a valuable trading tool. Look for updates on the Forex Forum when the chart gallery is updated.

Forex Blog

Global-View.com also offers a forex blog, where articles of interest for currency trading are posted throughout the day. The forex blog articles come from outside sources, including forex brokers research as well as from the professionals at Global-View.com. This forex blog includes the Daily Forex View, Market Chatter and technical forex blog updates. In additional to its real time forex forum, there are also Member Forums available for more in depth forex trading discussions.

 

WARNING: FOREIGN EXCHANGE TRADING AND INVESTMENT IN DERIVATIVES CAN BE VERY SPECULATIVE AND MAY RESULT IN LOSSES AS WELL AS PROFITS. FOREIGN EXCHANGE AND DERIVATIVES TRADING IS NOT SUITABLE FOR MANY MEMBERS OF THE PUBLIC AND ONLY RISK CAPITAL SHOULD BE APPLIED. THE WEBSITE DOES NOT TAKE INTO ACCOUNT SPECIAL INVESTMENT GOALS, THE FINANCIAL SITUATION OR SPECIFIC REQUIREMENTS OF INDIVIDUAL USERS. YOU SHOULD CAREFULLY CONSIDER YOUR FINANCIAL SITUATION AND CONSULT YOUR FINANCIAL ADVISORS AS TO THE SUITABILITY TO YOUR SITUATION PRIOR TO MAKING ANY INVESTMENT OR ENTERING INTO ANY TRANSACTIONS.

By using this website, you are agreeing to our Privacy Policy and Terms of Use, and Cookie Policy

Copyright ©1996-2019 Global-View. All Rights Reserved.
Hosting and Development by Blue 105

?>